Quad City Area Realtors
Nonprofit profile at a glance
- EIN
- 362746009
- IRS 990 coverage
- 2010–2025
- Forms available
- Form 990 2025
- Location
- Bettendorf, IA, USA
- Phone
- 5633556655
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $1,201,639
- Expenses
- $1,306,300
- Assets
- $2,389,818
- Liabilities
- $390,924
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- Sharon Smith (Former CEO)
- David Gellerman (Past President)
- Craig Newcomb (President)
- Amanda Yeggy (President-Elect)
- Julie Lide (CEO)
Highest reported compensation
- Sharon Smith (Former CEO): $123,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of the Quad City Area REALTORS is to serve its membership in developing and promoting programs and services that will enhance the members' freedom and ability to conduct their individual businesses successfully with integrity and competency, through collective action to promote the preservation of real property rights.
What it reported doing in 2025
Professional Trade Association established to provide a unified medium for real estate owners and those engaged in the real estate profession in order to safeguard and advance their interests.
Operating model
- Revenue model
- Earned-program. 63% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 54
- Transparency & Controls: 92
- Accountability: 100
- Sustainability: 33
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 57.3%; rating input score 57
- Program expense ratio: 66.7%; rating input score 67
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 91.7%; rating input score 92; 15th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -8.7%; rating input score 14; 14th percentile among comparable filings
- Total-asset coverage ratio: 1.83; rating input score 62; 62nd percentile among comparable filings
- Liabilities to assets ratio: 0.16; rating input score 28; 28th percentile among comparable filings
- Officer compensation ratio: 9.4%; rating input score 39; 39th percentile among comparable filings
Growth
- Program expense growth: 5% per year; rating input score 100; 36th percentile among comparable filings
- Revenue growth: 2.3% per year; rating input score 100; 21st percentile among comparable filings
- Asset growth: 1.9% per year; rating input score 100; 22nd percentile among comparable filings
Details
- Where the money goes: 57.3% of revenue deployed · 66.7% of spending went to programs
- Governance: 12 of 12 board members independent · 8 of 8 filing controls reported
- Programs: 2 filed program accomplishments · $871K in reported program spending
- Leadership: top reported pay $123K · 14 people listed
- Consistency: 27 of 28 current checks pass · 1 finding to review
- Schedules: 4 filed schedules
- Filing history: 15 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 2 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Mission deployment rate scored 57/100.
- High — Sustainability: Operating margin scored 14/100.
- Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 28/100.
- Moderate — Sustainability: Officer compensation ratio scored 39/100.